Although the rural house insurance is a Government scheme managed by Royal Insurance Corporation of Bhutan, however, due to limitation in sum insured as compared to the market value of the property, there may be a need to enhance the coverage, which can be provided under the BIL Rural Fire Insurance (Enhancement) scheme.

Coverage:

• Only rural houses
• Damages by an accidental fire
• Damage caused by the earthquake
• Damages from flood, landslides, river or rainfall
• Damages, caused by wind storms, hail storms, or lightning
• Impact damage caused by animals, falling trees, rock slides, or vehicles.
• Only one house per individual. One-House-One-Insurance policy
• Newly constructed houses shall be allowed to subscribe to the scheme twice a year. However, the insured shall pay the individual’s share of the premium in full.

Exclusion:

• Fire damages if proven intentional
• Public and private Lhakhangs, Dubkhags, Guest House, etc
• Losses from war, nuclear risks, malicious damage, riot, or terrorism
• Houses unoccupied for more than six months ineligible for Rural House Insurance in the succeeding year